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Author Topic: BETTORS WINNING BET SYSTEM: HOW TO WIN ON BETFAIR AND OTHER BOOKMAKERS PLATFORMS.  (Read 1297 times)

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NairaHunt Admin

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COURTESY..... NAIRALAND.COM

                 Tricks On How To Make Money From Betting As A Student:
                              WRITER ..9jasongs

This is literally a step-by-step, hold- your-hand kind of guide. There's lots of fragmented information out there on forums etc, which can often result in costly mistakes for novices. Below I outline exactly the steps I follow, using the practical example of one free bet with Coral. So long as you follow word for word, you can't go wrong. I strongly suggest reading through all the steps first before making any bets.

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1. Sign up for Betfair.com Betfair is a betting exchange where you can 'lay' bets to cancel out your risk at the bookmakers. Unlike traditional bookmakers, Betfair is a place where you bet against other people. They sometimes even offer free bets for new customers too (if you're lucky). Register on Betfair.com Seeing blank pages? Turn off Ad Blocking plugins when matched betting!



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2. Sign up for Coral.co.uk The best offer by far right now is with Coral who are offering £20 free bets on new sign ups when you bet just £5 (don't worry we'll be matching this too). So we'll be using this 'bookie' in this practical example. Always check the T&Cs of receiving free bet offers. There may be some restrictions on what you can bet on or an expiry date. They will also tell you whether or not the free bet is returned with winnings. In this example and generally speaking it is not, but we'll still be making a nice profit. During registration, you will be prompted to make a deposit. Choose one of the many payment types and deposit just £5 (needed to unlock the free bet). Register on Coral.co.uk

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3. Use decimal odds Once you've logged into Coral.co.uk , change your odds display from fractions to decimal for easy comparison with Betfair. You can do this from the link in the top menu across the site. This is essential!

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4. Find & place your qualifying bet Ideally you want to find a sporting bet (I recommend football) which has the closest odds on both Coral.co.uk (the bet to back) and Betfair.com (the lay bet). Lay odds on Betfair are the red boxes, not the blue. If you cannot see any red boxes, you need to go to the exchange by clicking the top left link " Go to Exchange " or " Exchange ". For this free bet offer, Coral's terms state you must pick odds of 1.5 or greater. It's better to choose a bet with low odds for this step, between 1.5 and 4.0 if possible. See my example below then use the Oddsmatcher tool which does everything for you! My example I used the Oddsmatcher below which suggested a football match between Liverpool and Sevilla. So I put "Liverpool v Sevilla" in the search boxes on Coral and Betfair, then found the "Match Result" market on Coral and "Match Odds" on Betfair. I will back Liverpool to win at Coral.co.uk with odds of 2.25 and lay that same bet on Betfair.com with odds of 2.36. In my example bet, the difference is 0.11 which the Oddsmatcher calculated as giving me a small acceptable loss of 37p on this qualifying bet. Here are my betting slips on both websites for my qualifying bet: Oddsmatcher tool (Qualifying bet) Use the Oddsmatcher tool below. This will save you a LOT of time and maximise your overall profit. It fetches live odds from Coral and finds the equivalent lay odds on Betfair for thousands of upcoming football matches. The hardest part is also done for you, which is to calculate the best matches for your qualifying bet based on the closest possible odds and smallest loss. Feel free to switch between them and the steps and calculations will be updated (below the table). Just click the blue refresh icon to start and then follow the 4 steps. Click f Boo Last Subscribe 5. Claim your free bet In my Liverpool v Sevilla game, Sevilla won 3-1. So my profit of £4.87 (the "Backer's Stake" ended up in Betfair, which after commission is £4.63. Meanwhile I lost the £5 bet with Coral. The total amount between the accounts is therefore 37p, as calculated by the Oddsmatcher. As I have placed and seen through the £5 qualifying bet, I now have a £20 free bet! My Betfair account is up to £14.63 (my initial deposit of £10 + £4.63). So whatever the outcome, because you matched the bets, you have close to your initial deposits back between the 2 websites (minus the small loss we expected). The free bet of £20 will be credited to your Coral account.

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6. Find & place a new bet We're basically going to repeat the process in step 4, but using the £20 free bet instead of the £5. The £20 free bet will usually be received as 4 x £5 free bets, so simply place them on the same event as separate bets. This time it's worth picking odds greater than 3.0 to maximise your profit, but just bear in mind that the higher they are the more you'll need to have in your Betfair account to lay it (see the "Liability" amount in the tool below). My example I used the next step of the Oddsmatcher (embedded below) which suggested a football match between Crystal Palace and Manchester United. The odds are above 3.0 and have only a 0.2 difference between the websites. You'll see below that I am backing a draw on Coral (3.5 odds) and then I'm laying that bet (for a draw not to happen) at Betfair (3.7 odds). On Betfair I already had £14.63 remaining from the first bet, so I deposited £23 to more than cover my calculated Liability (total £37.63). Here are my bet slips on both websites for my free bet (I placed 4 of the same bet on Coral since they split my £20 free bet into 4 x £5 bets): The Oddsmatcher below calculated that I'll make a clear profit of £13.01 , whatever happens. Nice Oddsmatcher tool (Free bet) Just click the blue refresh icon to start and then follow the 3 steps. Once again, feel free to switch between the matches in the table and the calculations will be updated. Cli B L

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7. Withdraw the profit Whatever the outcome, you will now be in profit to the amount calculated in the Oddsmatcher. Now it's time to cash out! In my example of the Crystal Place v Man Utd game, the score ended in a draw at 1-1. This means my Coral £20 free bet won (because I backed a draw to happen) with a return of £50. Meanwhile I lost the £36.99 Liability on Betfair. So £50 (winnings) – £36.99 (liability) = £13.01. This is exactly the amount of profit calculated for me by the Oddsmatcher. My total profit from both matched bets, accounting for the 37p loss on my £5 qualifying bet, totals £12.64 . I spent just under 20 minutes on the whole process, giving me an hourly rate of £37.92 as I move onto the countless other free bets out there (best listed below). Beats stacking shelves… Or you can use www.venasbet.com free or paid prediction and get your money at venabet.com from free prediction Thanks for reading.

Culled from Nairaland.com
https://www.nairaland.com/6191544/tricks-how-make-money-betting

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